USDA National Daily Direct Morning Hog Report 06/04 10:45
06/04/2026 | 10:45 am CDT USDA National Daily Direct Morning Hog Report 06/04 10:45
LSDLM_HG216
Des Moines, IA Thu, Jun 04, 2026
DAILY DIRECT MORNING HOG REPORT
Current Volume by Purchase Type
Barrows and Gilts Live and Carcass Basis
Estimated Actual Actual Actual
Today Today Week Ago Year Ago
Producer Sold
Negotiated 4,115 3,660 2,608 2,252
Other Market Formula 15,994 15,654 16,569 41,825
Swine/Pork Market Formula 102,471 88,286 91,718 88,392
Other Purchase Arrangement 50,259 46,822 51,038 47,635
Negotiated Formula 310 310 265 650
Pack. Sold (all purchase types) 27,328 27,328 25,872 27,467
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Volume and Price Range For Barrows and Gilts
Purchased Swine (Including Packer Sold)
National Iowa/ Western Eastern
Minnesota Cornbelt Cornbelt
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Negotiated (carcass basis)
Head Count 1,415
Lowest Base Price 92.00
Highest Base Price 96.00
Weighted Average Price 95.64 95.76 95.64
Change from Previous Day 1.27 .91 1.27
Negotiated Formula (carcass basis)
Head Count 310
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (carcass basis)
Head Count 1,725
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Other Market Formula (carcass basis)
Head Count 16,593 9,829 14,254 2,339
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Swine/Pork Market Formula (carcass basis)
Head Count 105,989 62,091 72,577 29,257
Lowest Base Price 84.64 84.64 84.64 85.09
Highest Base Price 99.07 99.07 99.07 97.96
Weighted Average Price 91.50 91.35 91.27 91.95
Change from Previous Day
Other Purchase Arrangement (carcass basis)
Head Count 45,374 30,014 30,504 13,393
Lowest Base Price 84.41 85.76 85.76 84.41
Highest Base Price 104.87 100.05 100.05 104.87
Weighted Average Price 91.98 92.61 92.58 90.53
Change from Previous Day
Negotiated (live basis)
Head Count 2,014
Lowest Base Price 61.75
Highest Base Price 72.50
Weighted Average Price 70.31 71.78 71.78
Change from Previous Day
Negotiated Formula (live basis)
Head Count 140
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
Combined Negotiated/Negotiated Formula (live basis)
Head Count 2,154
Lowest Base Price
Highest Base Price
Weighted Average Price
Change from Previous Day
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DAILY DIRECT MORNING HOG REPORT (PDF) (LSDLM_HG216) DAILY
DIRECT NEGOTIATED HOG PURCHASE MATRIX
REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
based on both Fat and Muscle Measurements for a 200 lb Carcass Basis
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CARCASS WEIGHT DIFFERENTIALS
145# -30.00 -13.00 175# -4.00 1.00 205# .00 4.00
155# -30.00 -9.00 185# -1.50 1.50 215# .00 4.00
165# -25.00 -5.00 195# .00 3.00 225# .00 2.00
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MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED
5-Day Rolling Average Market Hog0 lb carcassnch back-fatre inch loinh loin
depthFFLI: 52.13
Price Range $95.00 - $100.00
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BARROWS & GILTS PURCHASE BY STATE OF ORIGIN
Canada 4,734 Colorado 160
Iowa 65,772 Idaho 167
Illinois 15,024 Indiana 5,309
Kansas 1,195 Kentucky 832
Michigan 5,033 Minnesota 40,117
Missouri 2,587 North Carolina 7,499
Nebraska 11,098 Ohio 13,416
Oklahoma 1,586 Pennsylvania 3,921
South Dakota 3,270 Wisconsin 340
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